The Copium Protocol, which focuses on laying the groundwork for decentralized mining investments, will soon release an NFT collection to gather funds for business expansion. Copium Protocol has been one of the most intriguing projects to emerge. It stands out because it enables consumers to invest passively in crypto mining.
What makes crypto mining even more democratic is that people don't need to learn how to mine cryptocurrencies to participate in crypto mining. Copium Protocol hopes to capitalize on the growing interest in cryptocurrency mining as a business opportunity. Customers can passively participate in the mining process through Copium's tools and infrastructure without investing in or managing any mining hardware or software.
Copium Mining, a mining operation headquartered in Otago, New Zealand, serves as the protocol's focal point. Copium mining has the advantage of being powered by a surplus of renewable energy generated in New Zealand's Southern Alps foothills. The Copium Protocol Investor Pass, a group of 10,000 NFTs that could be created on the Ethereum network in early to mid-October, will serve as the project's official preface.
For those interested, the project is making a presale Initial Coin Offering (ICO) for the Copium Protocol cryptocurrency to speed up its operations and increase the value of the Copium Coin. So let's learn what it's like to mine for Copium and how the process works.
The protocol's tokenomics stipulate that, of a total supply of 1 billion tokens, 10% will go to purchasers of investor passes. Whereas 7.3% will be used to reward those who have already purchased investor passes through staking, 10% will go to the protocol's creators and development fund. In addition, 5% will be sold
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